If you compare the increase in value of investment property in Kanimbla, 4870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.66%.
While Kanimbla,4870 ranked number 660th in QLD for increase in median house value (annualised) increase, it is ranked 359th over the last 5 years.
Property investors looking for a bargain in Kanimbla should be aiming for at least -6.42% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5520 per annum or $460 every week.